Military.com Veteran-Owned Business Center Launches to Connect and Serve 3.5 Million Veteran Business Owners
Company Brings Best-in-class Resources to One Location and Creates the Largest Veteran-Owned Business Network in the U.S.
SAN FRANCISCO, California, Military.com, the leading military membership organization and division of Monster Worldwide, Inc. (NASDAQ: MNST), today announced the launch of a Veteran-Owned Business Center that helps veteran entrepreneurs access all of the benefits, resources, and information needed to start and grow their business (www.business.military.com/veteran). More importantly with this launch, the Veteran-Owned Business Center becomes the largest network of veteran-owned businesses, which is invaluable for veterans and companies seeking them.
Military veterans represent one of the most successful groups of small business owners in the country. They represent only 10 percent of the total population, but over 25 percent of all small businesses according to the U.S. Census Bureau. They are also more successful than the norm – The SBA reports that Vet-owned business average almost 2 employees more than non vet owned businesses, and their gross income is more than twice the non vet owned small businesses. Others are on the way as the SBA also reports that more than 22 percent of veterans in the US want to start a business.
This effort is another way that Military.com works to give veterans the best business and career opportunities. “We built the site from the ground up, talking with vet business owners every step of the way to pull in the most useful resources and organize them in a way most helpful to the veterans,” said Chris Michel, Founder of Military.com and a successful veteran entrepreneur. “We’re bringing the best resources available and helping veterans cut through red tape and access the great benefits and financing programs available to them. And we do it all for free.”
One of the most powerful features of the Veteran-Owned Business Center is networking. Military.com starts with over 9 million trusted members, and is able to rapidly identify and connect veteran business owners to help each other. The site starts with over 65,000 veteran business owners, a number that will grow as the word of the site travels through the business community. “Our veteran mentor network has connected over 400,000 veterans and changed the playing field for veteran job seekers,” said Tom Aiello, vice president at Military.com. “We bring this same advantage to bear for veteran business owners.”
Via the Military.com Vet-Owned Business Center companies and prime contractors can reach a better informed vet entrepreneur who is plugged into the special training and financing available to veterans. “Military.com is bringing a great resource to aid veteran business owners. The network is very important for them to develop relationships and new business,” said Gloria Berthold, president of TargetGov, a company that specializes in small business education and business development.
About Military.com
Military.com, the nation's largest military membership organization, is dedicated to connecting the 30 million members of the military and veteran community to every advantage earned in service to America. Military.com helps its more than 8 million members access their benefits, advance their careers, enjoy military discounts, and stay connected. Military.com is a division of Monster Worldwide, Inc. Visit the company at http://www.military.com/.
About Monster
Monster Worldwide, Inc. is the parent company of Monster(R), the leading global online careers and recruitment resource. Headquartered in New York with approximately 4,600 employees in 35 countries, Monster Worldwide (NASDAQ: MNST) is a member of the S&P 500 Index and NASDAQ 100. More information about Monster Worldwide is available at http://www.monsterworldwide.com/.
Monster(R) is the leading global online careers and recruitment resource. A division of Monster Worldwide, Monster works for everyone by connecting quality job seekers at all levels with leading employers across all industries. Founded in 1994 and headquartered in Maynard, Mass., Monster has 34 local language and content sites in 32 countries worldwide. More information is available at http://www.monster.com/ or by calling 1-800-MONSTER. To learn more about Monster's industry-leading employer products and services, please visit http://info.monster.com/.
Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding Monster Worldwide, Inc.'s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide's control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which Monster Worldwide operates, risks associated with acquisitions, competition, seasonality and the other risks discussed in Monster Worldwide's Form 10-K and other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.
SOURCE: Military.com
Loree Hirschman
415.820.3430
loree.hirschman@military-inc.com
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Monster Worldwide Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ
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